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Nortel Company had the following data ( in thousand dollars ) for a given period. Direct labor $270 Fixed selling and administrative expenses 150 Variable

Nortel Company had the following data (in thousand dollars) for a given period.

Direct labor

$270

Fixed selling and administrative expenses

150

Variable manufacturing overhead

200

Direct materials

450

Sales

1,500

Operating income

100

Contribution margin

500

Compute the following:(20 pts.)

(1)Manufacturing cost of goods sold

(2)Gross profit

(3)Variable selling and administrative expenses

(4)Fixed manufacturing overhead costs

(5)Break-even point in $ sales

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